Plenty of Tailwinds Blowing for Chip Stock
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12Jan
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12Jan
Wholesale prices unexpectedly fell 0.1%
A customer shops for milk at a grocery store on December 12, 2023 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty ImagesWholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday.The producer price index fell 0.1% for the month...
12Jan
FAA to audit Boeing production line after 737 Max 9 accident
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty ImagesThe Federal Aviation Administration on Friday said it will audit Boeing's production line...
12Jan
Bank of America (BAC) earnings 4Q 2023
Bank of America shares fell about 2% in premarket trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.Here's what the company reported compared with Wall Street expectations:Earnings per share: 70 cents adjusted vs. 68 cents per share expected, according to LSEG, formerly known as...
12Jan
TSLA, DAL, QCOM, BAC and more
Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle company fell more than 3% in premarket trading after Tesla cut prices on both the Model 3 and the Model Y in China a day earlier. Tesla also said its production plant in...
12Jan
Citigroup (C) earnings 4Q 2023
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty ImagesCitigroup on Friday posted a $1.8 billion...
12Jan
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12Jan
Wells Fargo (WFC) earnings 4Q 2023
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year.Here's what the bank reported versus what Wall Street was expecting based on a survey of analysts by...
12Jan
Delta Air Lines (DAL) Q4 2023 earnings
Airbus A330neo widebody aircraft meant for Delta Air Lines being tested in Toulouse, France.Nurphoto | Nurphoto | Getty ImagesDelta Air Lines closed out the year by doubling its quarterly profit as travel demand, particularly for international trips, helped drive record revenue in 2023. CEO Ed Bastian said continued strong...
12Jan
JPMorgan Chase (JPM) earnings Q4 2023
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesJPMorgan Chase is scheduled to report fourth-quarter earnings before the...